116 Gourlay Road, Caroline Springs, VIC 3023 | Property Value & History | OnTheHouse
OFF MARKET

116 Gourlay Road
Caroline Springs VIC 3023

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 104m2
Land area: 105m2
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Property Details for 116 Gourlay Rd, Caroline Springs

Building Type
Commercial
Floor Size
104m2
Land Size
105m2
Local Government
Melton
Lot/Plan
7/PS623557

Last Listing description (February 2014)

Unique Investment Opportunity in Caroline Springs
This fabulous shop is offering an excellent investment opportunity in prime location. Rental returns of $1,155 per week make this shop a very attractive investment.
The shop retail area is 104 m2 approximately

Currently used as Bakery - Caf?
Rent $1,155 per week plus GST plus outgoings
Lease 5 x 5
This opportunity is not to be missed.
Contact us for private inspection.
Yuksel Siva 0403 493 501
*** The information herein has been supplied to us and we have no reason to doubt its accuracy, however we cannot guarantee it.

Property History for 116 Gourlay Rd, Caroline Springs, VIC 3023

A timeline of how this property has performed in the market
Last Sold
$750,000
19 Jun 2014
  • 25 Nov 2014
    Listed for Sale Not Disclosed
  • 19 Jun 2014
    Sold for $750,000
  • 06 May 2014
    Listed for Sale Not Disclosed
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About Caroline Springs 3023

The size of Caroline Springs is approximately 8.4 square kilometres. There are 50 parks, covering nearly 21.4% of the total area. The population of Caroline Springs in 2016 was 24205 people. By 2021 the population was 24488 showing a population growth of 1.2% in the area during that time. The predominant age group in Caroline Springs is 40-49 years. Households in Caroline Springs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Caroline Springs work in a professional occupation.In 2021, 75.10% of the homes in Caroline Springs were owner-occupied compared with 74.30% in 2016.

Caroline Springs has 8,968 properties. Over the last 5 years, Houses in Caroline Springs have seen a 10.95% increase in median value, while Units have seen a 12.40% increase. As at 31 July 2026:

  • The median value for Houses in Caroline Springs is $814,995 while the median value for Units is $539,777.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 47 properties listed for sale, and 28 properties listed for rent in Caroline springs on OnTheHouse. According to Cotality's data, 362 properties were sold in the past 12 months in Caroline springs.

Suburb Insights for Caroline Springs 3023

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.